Price for Metals; Platinum, Unwrought or in Powder Form in Thailand - 2024

Contents:

  1. Price for Metals; Platinum, Unwrought or in Powder Form in Thailand (CIF) - 2022
  2. Price for Metals; Platinum, Unwrought or in Powder Form in Thailand (FOB) - 2022
  3. Imports of Metals; Platinum, Unwrought or in Powder Form in Thailand
  4. Exports of Metals; Platinum, Unwrought or in Powder Form in Thailand

Price for Metals; Platinum, Unwrought or in Powder Form in Thailand (CIF) - 2022

The average import price for metals; platinum, unwrought or in powder forms stood at $34,807,608 per ton in 2022, with a decrease of -9.2% against the previous year. In general, the import price showed a pronounced decline. The pace of growth appeared the most rapid in 2013 an increase of 31%. As a result, import price reached the peak level of $55,492 per kg. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($43,981,500 per ton) and Japan ($33,815,757 per ton), while the price for Hong Kong SAR ($30,149,000 per ton) and Germany ($30,182,667 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Metals; Platinum, Unwrought or in Powder Form in Thailand (FOB) - 2022

The average export price for metals; platinum, unwrought or in powder forms stood at $19,033,290 per ton in 2022, shrinking by -40.5% against the previous year. Overall, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 81% against the previous year. As a result, the export price reached the peak level of $69,058 per kg. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($87,262,000 per ton), while the average price for exports to Canada ($7,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+124.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metals; Platinum, Unwrought or in Powder Form in Thailand

After three years of growth, overseas purchases of metals; platinum, unwrought or in powder forms decreased by -43.1% to 148 kg in 2022. Overall, imports, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2020 with an increase of 72%.

In value terms, imports of metals; platinum, unwrought or in powder forms declined significantly to $5.2M in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2020 when imports increased by 86%.

Import of Metals; Platinum, Unwrought or in Powder Form in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.75.67.93.931.9%
United States0.30.91.20.944.2%
Hong Kong SAR2.00.90.70.2-53.6%
GermanyN/AN/AN/A0.10%
Others0.1N/A0.10.10.0%
Total4.17.610.05.28.2%

Top Suppliers of Metals; Platinum, Unwrought or in Powder Form to Thailand in 2022:

  1. Japan (115.0 kg)
  2. United States (20.0 kg)
  3. Hong Kong SAR (5.0 kg)
  4. Germany (3.0 kg)

Exports of Metals; Platinum, Unwrought or in Powder Form in Thailand

For the fourth year in a row, Thailand recorded growth in shipments abroad of metals; platinum, unwrought or in powder forms, which increased by 110% to 107 kg in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 220%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of metals; platinum, unwrought or in powder forms soared to $2M in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 479%. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Metals; Platinum, Unwrought or in Powder Form in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A4959251,58378.8%
GermanyN/A7.5N/A257485.4%
Spain5.2N/AN/A51.5114.8%
Australia65.148.82.536.0-17.9%
Hong Kong SAR33.357.74727.9-38.1%
CanadaN/AN/AN/A0.20%
GuatemalaN/AN/AN/A0.10%
Austria44.558.418.6N/A-35.3%
IndonesiaN/AN/AN/AN/A0%
Others2341,542213100-24.7%
Total3822,2101,6312,03774.7%

Top Export Markets for Metals; Platinum, Unwrought or in Powder Form from Thailand in 2022:

  1. Japan (45.0 kg)
  2. Canada (32.0 kg)
  3. Guatemala (13.0 kg)
  4. Germany (9.0 kg)
  5. Spain (3.0 kg)
  6. Australia (1.0 kg)
  7. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Metals; platinum, unwrought or in powder form - Thailand